India VIX also crashed 5 per cent and it has settled below the 22 mark. With volatility abating and across-the-board buying interest witnessed on Tuesday, we have prepared a list of stocks that have the potential to outperform in the near term. These stocks are based on the T20 Breakout system.  

Despite the selling pressure witnessed in markets, we have come out with a list of stocks that are capable of relatively outperforming in the near term. These stocks are selected based on the T20 Breakout system.   

We believe that going forward, stock-specific action would continue to be the name of the game on D-Street and hence, we have selected the best stock for traders as well as investors based on the T20 Breakout system. 

We believe that going forward, stock-specific action would continue to be the name of the game on D-Street and hence, we have selected the best stock for traders as well as investors based on the T20 Breakout system.   

Despite strong sell-off in the markets, there are certain stocks that command attention. These stocks are selected on basis of the T20 Breakout system.  

Interestingly, Nifty oscillated in the range of just 92 points, which is the lowest daily range in the last seven trading sessions. As a result, it has led to the formation of the NR7 bar.

Interestingly, it was the IT sector again that provided the much-needed support to the index and this was quite evident from the fact that among the top three contributors, two were from the IT sector namely, Infosys & TCS.   

You must have heard of the proverb, ‘birds of a feather flock together’, similarly, all these companies from the metal sector have appeared in the T20 breakout system, which clearly indicates that this sector is likely to be in the limelight in the coming days. 

Interestingly, the index moved in a range of 116 points, which was the narrowest in the last seven trading sessions; as a result, the index has formed an NR7 bar.  Among sectoral indices, Nifty Energy and Nifty IT were the top two gainers while on the flip side, Nifty Metal & Nifty FMCG turned out to be the top losers.

Buying interest was visible in the broader market indices as well with Nifty Midcap and Smallcap 100 advancing 0.85 per cent & 1.28 per cent, respectively. Nifty Smallcap 100 index is just 1.8 per cent away from its all-time high.